It's Time To Rethink Copyright Law — There was more posturing today in the big YouTube-Viacom copyright showdown that began around the time that Google acquired YouTube and started talking to big copyright holders about paying them to get their content legally onto the popular video site.

YouTube suit called threat to online communication — NEW YORK - A $1 billion copyright infringement lawsuit challenging YouTube's ability to keep copyrighted material off its popular video-sharing site threatens how hundreds of millions of people exchange all kinds of information on the Internet, YouTube owner Google Inc. said.

YouTube law fight ‘threatens net’ — A one billion dollar lawsuit against YouTube threatens internet freedom, according to its owner Google. — Google's claim follows Viacom's move to sue the video sharing service for its inability to keep copyrighted material off its site.

Facebook To Open Source Facebook Platform — Sometime soon, perhaps this week, Facebook will turn the year-old Facebook Platform into an open source project, multiple sources have told us. The immediate effect will be to allow any social network to become Facebook Platform compatible …

Windows chief talks ‘7’ — REDMOND, Wash.—Since taking over the Windows development reins from Jim Allchin, Steven Sinofsky has chosen to fall almost completely off the public radar. — It's not that he hasn't been busy getting Vista Service Pack 1 out the door and starting work on Windows 7.

Communicating Windows 7 — Typically when Microsoft ships a new OS (like Windows Vista), we immediately start talking about the next version-which begs two questions: 1) is Microsoft working on a new version of Windows, and if so, 2) why aren't you talking about it?

Web 2.0 fails to produce cash — Many members of the Web 2.0 generation of internet companies have so far produced little in the way of revenue, despite bringing about some significant changes in online behaviour, according to some of the entrepreneurs and financiers behind the movement.

Borders returns to Web retailing after 7 years — DETROIT - Borders Group is jumping back into online retailing with a Web site designed to evoke the feeling of browsing at a neighborhood bookstore, down to the popular shelves of staff picks that are familiar to its customers nationwide.

Kleiner's Pick for the Killer iPhone App — The location-based software from Pelago will allow smartphone users to find friends' picks for local restaurants, shops, and activities — Apple won't crank up the hype machine about all the new things an iPhone can do until its Worldwide Developers Conference …

VIA launches “open source” notebook — Do you own a small fabricating plant in Taiwan? Do you have an engineering team of ten PhDs? Do you want to make small laptops? Has VIA got a deal for you. The VIA OpenBook reference design is not actually a product — it's more of an idea.

Scooped: Who Brought the Story to Techmeme First? — When Gabe Rivera opened up search on Techmeme recently, the three-year-old site's archives became an extremely interesting playground to see trends, strong sources for news, simple ego-searching, tracking how companies have been viewed over time …

Nokia Celebrates Memorial Day with New N95 NAM Firmware — S60 people, stop drooling over the E71 for a few minutes so that we can give you some important news. Remember how we reported on the guy from Nokia stated that the new v20 firmware for the N95 NAM would be out in early June?

The Grey Lady gets jiggy with APIs — I don't know why, but when I saw a post about the New York Times — known for decades as The Grey Lady — working on releasing an open API, I couldn't help but picture an elderly woman in an evening gown trying to break-dance.